as at 23 Oct 2026
Insurance Asset News
Fixed Income

Dai-ichi Life Insurance buys all of Mie’s ¥5bn earthquake victim-support bond

By IAN Editorial Desk
News date: 15 October 2026Published 21 October 2026·2 min read
Primary source: dai-ichi-life.co.jp

Mie set a 2.456% coupon on the five-year bullet bond, matching the rate for municipal green bonds.

Dai-ichi Life Insurance has bought the entire ¥5bn earthquake victim-support bond issued by Japan's Mie Prefecture, the insurer and Dai-ichi Life Group said in a joint release dated 15 October 2026. Dai-ichi Life Group carried out the purchase under a mandate from the insurer.

The bond is a five-year bullet, with principal repaid in a single payment at maturity. Mie…

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